2020 ISK to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ISK to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ISK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 15.6985. Conversely, the yearly low was recorded on April 22, dropping to 11.7270.
This high-to-low spread represents a total annual volatility of 3.9715 CDF. From a start-to-finish perspective, comparing the January average rate of 13.6597 to the December average rate of 15.3443, the exchange rate registered a net change of 12.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 15.6985 was up 11.60% compared to the 2019 peak of 14.0669, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ISK to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 12.9764, compared to 14.4089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4325 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 3.8274 CDF (High: 15.6985 / Low: 11.8711). On the other end, April was the most stable month, with a tight range of 0.3762 CDF (High: 12.1032 / Low: 11.7270).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7702 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 15.3443) against the same month in 2019 (average: 13.7531), the exchange rate shifted by +1.5912 (+11.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.9542 | 13.5222 | 13.6597 |
| February | 13.7007 | 13.2010 | 13.3630 |
| March | 13.4086 | 12.0797 | 12.6693 |
| April | 12.1032 | 11.7270 | 11.8991 |
| May | 13.4263 | 11.8090 | 12.4721 |
| June | 14.1819 | 13.4544 | 13.7951 |
| July | 14.6311 | 13.7314 | 14.0689 |
| August | 14.6473 | 14.1824 | 14.3650 |
| September | 14.5328 | 13.9470 | 14.2461 |
| October | 14.2614 | 13.0243 | 14.0270 |
| November | 14.8296 | 13.8888 | 14.4024 |
| December | 15.6985 | 11.8711 | 15.3443 |